The greening of Qatar

Perhaps it’s a feeling of guilt, or an urge to give something back. After all, according to new figures from the IMF, nature has gifted Qatar with oil and gas that have helped it achieve a GDP per capita approaching $70,000.

"Our purpose is to have an integrated green mission on global warming and sustainable business development"
Raghavan Seetharaman, Doha Bank

Whatever the ultimate motives, Doha Bank (whose chairman is a member of Qatar’s Al Thani ruling family) is preparing a $1 billion sukuk to be issued in September that will kick-start a sustainable investment fund for green projects. "It’s part of a core mission to add value to society," says Raghavan Seetharaman, chief executive of Qatar’s third-largest lender.

Seetharaman claims that interest in...

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The greening of Qatar

Perhaps it’s a feeling of guilt, or an urge to give something back. After all, according to new figures from the IMF, nature has gifted Qatar with oil and gas that have helped it achieve a GDP per capita approaching $70,000.

You must be a trialist or subscriber to view this content

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The greening of Qatar

Perhaps it’s a feeling of guilt, or an urge to give something back. After all, according to new figures from the IMF, nature has gifted Qatar with oil and gas that have helped it achieve a GDP per capita approaching $70,000.

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